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Economy
- Service : English General
- Category : Economy
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GAFI chief meets German business delegation in Cairo
Date: 2022-03-21 13:18:58 GMT - Egypt - Economy - SN:60 - ID:9481275
CAIRO, March 21 (MENA) - CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab has stressed the high added value of German investments in Egypt. During a meeting with a delegation of major German companies, Abdel ....
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Bourse posts collective gains at close of trading
Date: 2022-03-21 12:21:31 GMT - Egypt - Economy - SN:55 - ID:9481230
CAIRO, March 21 (MENA) - Egyptian Exchange (EGX) indexes posted gains at the close of Monday's trading session, backed by strong purchases by local institutions and investment funds. The market capital gained about EGP 25.2 billion to hit EGP ....
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Gamea invites German companies to invest in Egypt
Date: 2022-03-21 11:37:39 GMT - Egypt - Economy - SN:49 - ID:9480926
CAIRO, March 21 (MENA) - Minister of Trade and Industry Nivine Gamea extended an invitation to German companies to invest and do business in Egypt and overcome challenges posed by Covid-19 pandemic. The pandemic halted supply chains from China ....
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Transport minister inspects work progress on Cairo/Alex. desert road
Date: 2022-03-21 10:40:32 GMT - Egypt - Economy - SN:41 - ID:9480752
CAIRO, March 21 (MENA) - Minister of Transport Kamel el-Wazir inspected Monday a number of projects and bridges under construction on Cairo/Alex. desert road. The projects include setting up a three-lane 14 meter-wide bridge on Cairo/Alex desert ....
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Prices of foreign currencies up after CBE decision to increase interest rate
Date: 2022-03-21 09:25:47 GMT - Egypt - Economy - SN:31 - ID:9480732
CAIRO, March 21 (MENA) - The US dollar exchange rate rose on Monday after remaining stable for six months in a row. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate upped to EGP 17.40 for buying and EGP 17.50 for selling ....
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EGX gains EGP 10.4 bn, all indices up
Date: 2022-03-21 09:23:17 GMT - Egypt - Economy - SN:29 - ID:9480710
CAIRO, March 21 (MENA) - The Egyptian Exchange (EGX) indexes rose on Monday over the Central Bank of Egypt (CBE)'s decision to up the interest rate. The CBE decided to up deposit and loan return prices for one night, while the price of the CBE’s ....
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NBE, Banque Misr issue one-year saving certificate with return of 18%
Date: 2022-03-21 09:03:35 GMT - Egypt - Economy - SN:25 - ID:9480616
CAIRO, March 21 (MENA) - The National Bank of Egypt (NBE) and Banque Misr decided to issue a one-year new saving certificate, with a return of 18 percent. In exclusive statements to MENA, Deputy Chairman of the NBE Yehia Abul-Fotouh said that ....
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global 1:Masdar announces 40% increase in clean energy capacity as part of its 2021 Annual Sustainability Report
Date: 2022-03-21 08:52:02 GMT - United Arab Emirates - Economy - SN:23 - ID:9480670
Dear subscribers, following is a global bulletin published for PRNewswire under its own responsibility: · 2021 Annual Sustainability Report reveals Masdar's global operating clean energy portfolio displaced close to 7.5 million tonnes of CO2 ....
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US dollar price up after CBE upped interest rate
Date: 2022-03-21 08:51:32 GMT - Egypt - Economy - SN:22 - ID:9480614
CAIRO, March 21 (MENA) - The US dollar exchange rate rose on Monday after remaining stable for six months in row. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate upped to EGP 17.40 for buying and EGP 17.50 for selling against ....
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CBE decides to up interest rate by 1%
Date: 2022-03-21 08:34:38 GMT - Egypt - Economy - SN:21 - ID:9480518
CAIRO, March 21 (MENA) – The Central Bank of Egypt (CBE) has decided to increase the interest rate by 1 percent. In an extra-ordinary meeting Monday, the CBE’s Monetary Policy Committee (MPC) decided to up deposit and loan return prices for one ....
